Morgan Stanley
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed May 27, 2026), Morgan Stanley reported 7,873 stock positions worth $1.65 trillion. Its top holding was Microsoft (MSFT) at 3.8% of the portfolio, followed by Nvidia (NVDA, 3.7%) and Apple (AAPL, 3.5%). Compared with Q2 2025, it opened 393 new positions, sold out of 314, added to 3,458 and reduced 3,361. The biggest buy was Invesco QQQ Trust Series 1 (QQQ, shares +21%) and the biggest sale Visa Class A (V, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0000895421
- Portfolio Value
- $1.65T (Q3 2025)
- SEC Filing
- 0000895421-26-000186 ↗ filed May 27, 2026
Holdings Value
Holdings 7,873 stocks · $1.65T
| MSFT Microsoft Corp. | 3.77% | 120,240,122 | $62.3B | Add +1.0% |
| NVDA Nvidia Corp. | 3.65% | 322,956,343 | $60.3B | Reduce -0.8% |
| AAPL Apple Inc. | 3.53% | 229,103,384 | $58.3B | Reduce -1.8% |
| AMZN Amazon.com Inc. | 2.17% | 162,864,808 | $35.8B | Add +1.5% |
| GOOGL Alphabet Inc. Class A | 1.80% | 121,945,648 | $29.6B | Reduce -9.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.64% | 40,654,532 | $27.1B | Add +10.0% |
| META Meta Platforms Inc. Class A | 1.63% | 36,729,219 | $27.0B | Reduce -1.3% |
| AVGO Broadcom Inc. | 1.46% | 73,008,578 | $24.1B | Reduce -1.0% |
| JPM JPMorgan Chase & Co. | 1.25% | 65,445,847 | $20.6B | Reduce -2.3% |
| GOOG Alphabet Inc. Class C | 1.04% | 70,709,406 | $17.2B | Reduce -3.9% |
| V Visa Inc. Class A | 0.99% | 48,072,167 | $16.4B | Reduce -4.0% |
| IVV iShares Core S&P 500 ETF | 0.99% | 24,311,648 | $16.3B | Reduce -1.8% |
| TSLA Tesla Inc. | 0.97% | 36,146,709 | $16.1B | Reduce -16.4% |
| VOO Vanguard S&P 500 ETF | 0.94% | 25,449,929 | $15.6B | Add +9.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.89% | 24,558,237 | $14.7B | Add +20.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.81% | 26,572,525 | $13.4B | Reduce -2.3% |
| IWF iShares Russell 1000 Growth | 0.77% | 27,048,285 | $12.7B | Reduce -1.2% |
| LLY Eli Lilly & Co. | 0.70% | 15,185,853 | $11.6B | Add +2.1% |
| NFLX Netflix Inc. | 0.62% | 8,509,655 | $10.2B | Add +1.8% |
| ABBV Abbvie Inc. | 0.58% | 41,654,784 | $9.6B | Reduce -0.1% |
| HD Home Depot Inc. | 0.55% | 22,489,918 | $9.1B | Reduce -0.4% |
| MA Mastercard Inc. Class A | 0.55% | 15,923,022 | $9.1B | Reduce -1.7% |
| JNJ Johnson & Johnson | 0.54% | 48,231,667 | $8.9B | Add +2.6% |
| WMT Walmart Inc. | 0.53% | 85,254,109 | $8.8B | Reduce -0.3% |
| IEFA iShares Core MSCI Eafe ETF | 0.53% | 99,990,935 | $8.7B | Add +1.4% |
| COST Costco Wholesale Corp. | 0.53% | 9,415,648 | $8.7B | Reduce -1.6% |
| XOM Exxon Mobil Corp. | 0.51% | 74,913,804 | $8.4B | Add +1.0% |
| BND Vanguard Total Bond Market | 0.49% | 108,641,970 | $8.1B | Add +2.0% |
| PG The Procter & Gamble Co. | 0.48% | 51,332,718 | $7.9B | Reduce -1.3% |
| UBER Uber Technologies Inc. | 0.47% | 78,386,262 | $7.7B | Add +4.8% |
| ORCL Oracle Corp. | 0.45% | 26,629,953 | $7.5B | Reduce -13.3% |
| IWD iShares Russell 1000 Value E | 0.45% | 36,383,111 | $7.4B | Add +2.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.43% | 14,773,590 | $7.1B | Add +1.5% |
| IEMG iShares Core MSCI Emerging | 0.39% | 98,816,734 | $6.5B | Add +2.2% |
| KO The Coca-Cola Co. | 0.38% | 95,454,897 | $6.3B | Add +5.4% |
| PANW Palo Alto Networks Inc. | 0.38% | 30,759,375 | $6.3B | Add +0.6% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.38% | 33,213,043 | $6.2B | Add +1.6% |
| TMO Thermo Fisher Scientific Inc. | 0.37% | 12,721,912 | $6.2B | Reduce -1.2% |
| GS Goldman Sachs Group Inc. | 0.37% | 7,691,556 | $6.1B | Reduce -7.8% |
| CVX Chevron Corp. | 0.34% | 36,607,107 | $5.7B | Add +9.1% |
| PLTR Palantir Technologies Inc. Class A | 0.33% | 30,240,527 | $5.5B | Reduce -8.2% |
| RSP Invesco S&P 500 Equal Weight | 0.33% | 29,060,691 | $5.5B | Reduce -11.0% |
| BX Blackstone Inc. | 0.33% | 32,225,552 | $5.5B | Add +1.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.32% | 102,597,099 | $5.3B | Reduce -1.0% |
| UNH Unitedhealth Group Inc. | 0.32% | 15,236,682 | $5.3B | Add +0.9% |
| ABT Abbott Laboratories | 0.31% | 38,634,796 | $5.2B | Add +9.7% |
| CSCO Cisco Systems Inc. | 0.31% | 75,119,906 | $5.1B | Add +6.8% |
| NEE Nextera Energy Inc. | 0.30% | 66,080,377 | $5.0B | Add +3.4% |
| RTX RTX Corp. | 0.30% | 29,678,515 | $5.0B | Add +2.6% |
| AMD Advanced Micro Devices | 0.29% | 30,061,749 | $4.9B | Add +1.5% |
| NOW ServiceNow Inc. | 0.29% | 5,218,804 | $4.8B | Add +0.1% |
| ETN Eaton Corp. PLC | 0.29% | 12,777,429 | $4.8B | Add +1.9% |
| MCD McDonald's Corp. | 0.29% | 15,572,960 | $4.7B | Reduce -3.2% |
| SPOT Spotify Technology SA | 0.29% | 6,769,458 | $4.7B | Reduce -0.8% |
| DASH DoorDash Inc. Class A | 0.28% | 17,145,228 | $4.7B | Reduce -1.6% |
| MELI MercadoLibre Inc. | 0.28% | 1,987,113 | $4.6B | Add +0.3% |
| WFC Wells Fargo & Co. | 0.28% | 55,174,764 | $4.6B | Add +7.9% |
| CRM Salesforce Inc. | 0.28% | 19,189,909 | $4.5B | Reduce -6.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.27% | 13,805,600 | $4.5B | Add +1.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.27% | 16,024,101 | $4.5B | Reduce -0.6% |
| AMGN Amgen Inc. | 0.27% | 15,910,525 | $4.5B | Reduce -1.7% |
| AXP American Express Co. | 0.27% | 13,232,411 | $4.4B | Reduce -2.1% |
| IWM iShares Russell 2000 ETF | 0.27% | 18,151,969 | $4.4B | Reduce -13.0% |
| SHOP Shopify Inc. Class A | 0.26% | 29,284,562 | $4.4B | Reduce -0.2% |
| TSM Taiwan Semiconductor-SP ADR | 0.26% | 15,091,532 | $4.2B | Add +9.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.25% | 36,468,027 | $4.2B | Reduce -6.8% |
| GE General Electric filed as GE AEROSPACE | 0.25% | 13,592,382 | $4.1B | Add +4.6% |
| BLK BlackRock Inc. | 0.25% | 3,506,425 | $4.1B | Reduce -3.7% |
| NET Cloudflare Inc. Class A | 0.25% | 19,011,192 | $4.1B | Reduce -5.1% |
| IVW iShares S&P 500 Growth ETF | 0.24% | 33,459,761 | $4.0B | Reduce -1.6% |
| GLD SPDR Gold Shares | 0.24% | 11,354,475 | $4.0B | Reduce -1.6% |
| PM Philip Morris International | 0.24% | 24,452,909 | $4.0B | Add +12.5% |
| SPGI S&P Global Inc. | 0.24% | 8,070,048 | $3.9B | Add +0.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.24% | 27,108,488 | $3.9B | Add +1.3% |
| HON Honeywell International Inc. | 0.24% | 18,546,112 | $3.9B | Add +0.1% |
| VEA Vanguard Ftse Developed ETF | 0.23% | 62,840,401 | $3.8B | Reduce -4.5% |
| MRK Merck & Co. Inc. | 0.23% | 44,586,535 | $3.7B | Add +0.9% |
| BKNG Booking Holdings Inc. | 0.22% | 686,756 | $3.7B | Reduce -8.2% |
| APP AppLovin Corp. Class A | 0.22% | 5,022,840 | $3.6B | Reduce -2.7% |
| LIN Linde PLC | 0.22% | 7,522,737 | $3.6B | Add +3.4% |
| ADP Automatic Data Processing | 0.21% | 12,055,983 | $3.5B | Add +13.3% |
| PEP Pepsico Inc. | 0.21% | 24,933,881 | $3.5B | Add +1.1% |
| CAT Caterpillar Inc. | 0.21% | 7,237,293 | $3.5B | Reduce -0.7% |
| INTU Intuit Inc. | 0.21% | 5,039,947 | $3.4B | Add +12.2% |
| VZ Verizon Communications Inc. | 0.21% | 77,310,226 | $3.4B | Add +5.3% |
| TMUS T-Mobile US Inc. | 0.20% | 13,812,043 | $3.3B | Add +4.5% |
| GEV GE Vernova Inc. | 0.20% | 5,369,008 | $3.3B | Add +2.7% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.19% | 6,463,878 | $3.2B | Reduce -20.0% |
| AGG iShares Core U.S. Aggregate | 0.19% | 31,238,198 | $3.1B | Add +2.5% |
| QCOM Qualcomm Inc. | 0.19% | 18,722,835 | $3.1B | Reduce -4.0% |
| T AT&T Inc. | 0.19% | 109,840,721 | $3.1B | Reduce -0.1% |
| BSV Vanguard Short-Term Bond ETF | 0.18% | 38,600,027 | $3.0B | Add +2.7% |
| JPST JPMorgan Ultra-Short Income | 0.18% | 60,019,259 | $3.0B | Reduce -0.8% |
| XLK SS Technology Select Sector | 0.18% | 10,530,314 | $3.0B | Reduce -12.1% |
| ACN Accenture PLC Class A | 0.18% | 12,032,539 | $3.0B | Reduce -13.9% |
| IVE iShares S&P 500 Value ETF | 0.18% | 14,209,911 | $2.9B | Add +0.5% |
| LOW Lowe's Cos Inc. | 0.18% | 11,568,204 | $2.9B | Add +2.8% |
| UNP Union Pacific Corp. | 0.17% | 12,033,403 | $2.8B | Add +22.5% |
| IWP iShares Russell Mid-Cap Grow | 0.17% | 19,819,977 | $2.8B | Add +2.3% |
| ISRG Intuitive Surgical Inc. | 0.17% | 6,302,369 | $2.8B | Add +3.2% |
Other holdings (284): bonds, preferreds, convertibles and warrants · $1.3B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | 32,303,000 | $59.5M | Add +32.7% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 48,215 | $59.5M | Add +4.1% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 37,759 | $48.3M | Add +1.6% |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | 36,363,000 | $35.8M | Add +41.2% |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/29) | NOTE 4.375% 6/0 · principal | 21,462,000 | $26.3M | Add +146.2% |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | 23,419,000 | $25.2M | Add +20.4% |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 16,244,000 | $23.9M | Add +5.0% |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 24,367,000 | $22.9M | Reduce -2.0% |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 13,970,000 | $19.6M | Add +36.3% |
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | 14,951,000 | $19.2M | Add +1.1% |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | 18,757,000 | $19.0M | Reduce -5.5% |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | 14,830,000 | $18.6M | Add +69.4% |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | 12,780,000 | $17.7M | Reduce -15.0% |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 18,876,000 | $17.4M | Reduce -3.9% |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 12,630,000 | $16.7M | Reduce -13.9% |
| SNOWFLAKE INC (SNOW 0 10/01/27) | NOTE 10/0 · principal | 10,144,000 | $15.4M | New |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 14,841,000 | $15.4M | Add +2.8% |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | 299,671 | $14.9M | Reduce -20.6% |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 13,835,000 | $14.9M | Reduce -22.1% |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 10,824,000 | $14.8M | Add +4.8% |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 12,867,000 | $14.7M | Add +42.0% |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | 12,850,000 | $14.6M | Add +3.6% |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | 14,098,000 | $14.4M | Add +8.9% |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | 14,525,000 | $14.3M | Add +4.0% |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | 15,509,000 | $14.2M | Add +5.4% |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | 13,355,000 | $13.6M | New |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 10,877,000 | $13.5M | Reduce -14.4% |
| QXO INC (QXO 5.5 05/15/28 B) | 5.50 DEP PFD | 246,258 | $13.5M | Reduce -13.7% |
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | 5,385,086 | $13.2M | Add +6735.9% |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | 10,769,000 | $13.1M | Add +21.8% |
| PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) | NOTE 3.500% 3/0 · principal | 12,486,000 | $12.5M | Add +66.3% |
| JAZZ INVESTMENTS I LTD (JAZZ 3.125 09/15/30) | NOTE 3.125% 9/1 · principal | 10,555,000 | $12.5M | New |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | 10,961,000 | $12.5M | Add +3.1% |
| MKS INC (MKSI 1.25 06/01/30) | NOTE 1.250% 6/0 · principal | 11,120,000 | $12.2M | Add +4.9% |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 227,598 | $11.9M | Add +18.4% |
| EXACT SCIENCES CORP (EXAS 0.375 03/01/28) | NOTE 0.375% 3/0 · principal | 12,491,000 | $11.5M | Add +4.3% |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | 11,628,000 | $11.5M | Add +16.2% |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 293,327 | $11.1M | Add +28.7% |
| SPIRIT AEROSYSTEMS INC (SPR 3.25 11/01/28) | NOTE 3.250%11/0 · principal | 7,007,000 | $10.3M | Reduce -41.0% |
| FIVE9 INC (FIVN 1 03/15/29) | NOTE 1.000% 3/1 · principal | 11,441,000 | $10.1M | Reduce -11.1% |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | 10,686,000 | $10.1M | Reduce -6.9% |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | 8,855,000 | $9.8M | Add +47.3% |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | 8,900,000 | $9.7M | Add +0.1% |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | 8,220,000 | $9.7M | Reduce -9.9% |
| SNOWFLAKE INC (SNOW 0 10/01/29) | NOTE 10/0 · principal | 6,136,000 | $9.6M | New |
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | 9,551,000 | $9.5M | Reduce -21.6% |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | 2,909,000 | $9.3M | Reduce -37.8% |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | 8,075,000 | $9.1M | Add +5.5% |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 8,180,000 | $9.0M | Add +4.1% |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 126,091 | $8.9M | Add +37.6% |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 8,975,000 | $8.6M | Add +421.8% |
| MERITAGE HOMES CORP (MTH 1.75 05/15/28) | NOTE 1.750% 5/1 · principal | 8,308,000 | $8.5M | Add +19.9% |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | 7,680,000 | $8.2M | Add +4.8% |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | 5,829,000 | $8.1M | Reduce -63.5% |
| BLACKBERRY LTD (BBCN 3 02/15/29) | NOTE 3.000% 2/1 · principal | 5,500,000 | $8.1M | Add +450.0% |
| MICROCHIP TECHNOLOGY INC (MCHP 0.75 06/01/30) | NOTE 0.750% 6/0 · principal | 8,360,000 | $8.1M | Add +6.9% |
| EL PASO ENERGY CAP TRST (KMI 4.75 03/31/28) | PFD CV TR SEC 28 | 161,136 | $8.0M | Reduce -0.4% |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | 5,064,000 | $7.9M | Reduce -0.5% |
| AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29) | NOTE 2.000% 3/1 · principal | 8,763,000 | $7.9M | Add +9.6% |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | 6,999,000 | $7.9M | Add +85.5% |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | 8,244,000 | $7.7M | Add +1.5% |
| ENOVIS CORP (ENOV 3.875 10/15/28) | NOTE 3.875%10/1 · principal | 7,680,000 | $7.6M | Add +6.4% |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | 191,661 | $7.5M | Reduce -15.9% |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 7,184,000 | $7.4M | Reduce -29.9% |
| HAEMONETICS CORP (HAE 2.5 06/01/29) | NOTE 2.500% 6/0 · principal | 7,820,000 | $7.2M | Add +3.2% |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 104,900 | $7.1M | Reduce -57.4% |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 7,000,000 | $7.1M | Reduce -46.0% |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 5,440,000 | $7.0M | Reduce -51.9% |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 99,524 | $6.9M | Add +17.1% |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 6,586,000 | $6.9M | Add +88.1% |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | 6,841,000 | $6.7M | Reduce -9.2% |
| SUMMIT HOTEL PROPERTIES (INN 1.5 02/15/26) | NOTE 1.500% 2/1 · principal | 6,685,000 | $6.5M | New |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | 5,740,000 | $6.4M | Reduce -50.8% |
| ALLIANT ENERGY CORP (LNT 3.875 03/15/26) | NOTE 3.875% 3/1 · principal | 5,813,000 | $6.3M | Add +75.5% |
| RAPID7 INC (RPD 1.25 03/15/29) | NOTE 1.250% 3/1 · principal | 7,050,000 | $6.2M | Add +2.0% |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | 5,834,000 | $6.2M | Add +5.9% |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | 67,134 | $6.2M | Add +4.5% |
| ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) | NOTE 1.750% 8/1 · principal | 6,111,000 | $5.8M | Add +7.2% |
| BLACKLINE INC (BL 1 06/01/29) | NOTE 1.000% 6/0 · principal | 5,469,000 | $5.7M | Reduce -5.2% |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 3,503,000 | $5.7M | No change |
| EVOLENT HEALTH INC (EVH 3.5 12/01/29) | NOTE 3.500%12/0 · principal | 6,900,000 | $5.5M | Add +4.5% |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | 3,951,000 | $5.4M | Reduce -33.0% |
| OKTA INC (OKTA 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 4,990,000 | $4.8M | No change |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | 3,670,000 | $4.8M | Reduce -45.5% |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | 4,972,000 | $4.7M | Add +38.8% |
| GRANITE CONSTRUCTION INC (GVA 3.75 05/15/28) | NOTE 3.750% 5/1 · principal | 1,922,000 | $4.6M | No change |
| BILL HOLDINGS INC (BILL 0 04/01/27) | NOTE 4/0 · principal | 4,655,000 | $4.3M | No change |
| BILL HOLDINGS INC (BILL 0 12/01/25) | NOTE 12/0 · principal | 4,323,000 | $4.2M | No change |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | 2,950,000 | $4.2M | Add +51.3% |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | 2,428,000 | $4.1M | Add +73.1% |
| BLOOM ENERGY CORP (BE 3 06/01/29) | NOTE 3.000% 6/0 · principal | 983,000 | $4.1M | New |
| SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) | 6 SER A CNV PREF | 41,873 | $4.0M | Reduce -87.4% |
| VIAVI SOLUTIONS INC (VIAV 1.625 03/15/26) | NOTE 1.625% 3/1 · principal | 3,709,000 | $3.9M | New |
| GRANITE CONSTRUCTION INC (GVA 3.25 06/15/30) | NOTE 3.250% 6/1 · principal | 2,510,000 | $3.8M | New |
| SOUTHERN CO (SO 4.5 06/15/27) | NOTE 4.500% 6/1 · principal | 3,398,000 | $3.8M | Reduce -27.1% |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | 2,393,000 | $3.6M | Add +2157.6% |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | NOTE 0.125%11/0 · principal | 3,456,000 | $3.6M | Add +39.6% |
| BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) | UNIT 02/01/2027 | 34,935 | $3.5M | Reduce -78.2% |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | 3,905,000 | $3.4M | Add +16.7% |
| MARA HOLDINGS INC (MARA 2.125 09/01/31) | NOTE 2.125% 9/0 · principal | 2,820,000 | $3.4M | New |
| BRUKER CORP (BRKR 6.375 09/01/28) | 6.375 PREF SER A | 12,000 | $3.3M | New |
| PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) | NOTE 1.000% 4/1 · principal | 3,225,000 | $3.2M | No change |
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | 2,797,000 | $3.2M | Add +30.1% |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | 3,202,000 | $3.2M | No change |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | 53,078 | $3.1M | Add +2438.4% |
| STRATEGY INC (MSTR 0.625 09/15/28) | NOTE 0.625% 9/1 · principal | 1,551,000 | $2.9M | New |
| VARONIS SYSTEM INC (VRNS 1 09/15/29) | NOTE 1.000% 9/1 · principal | 2,703,000 | $2.9M | New |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 969,000 | $2.8M | Add +45.1% |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 2,786,000 | $2.7M | Add +13.6% |
| BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) | NOTE 5.500% 3/1 · principal | 2,699,000 | $2.6M | No change |
| BOX INC (BOX 1.5 09/15/29) | NOTE 1.500% 9/1 · principal | 2,593,000 | $2.6M | New |
| FIRSTENERGY CORP (FE 4 05/01/26) | NOTE 4.000% 5/0 · principal | 2,500,000 | $2.6M | Reduce -73.7% |
| PINNACLE WEST CAPITAL (PNW 4.75 06/15/27) | NOTE 4.750% 6/1 · principal | 2,370,000 | $2.5M | Reduce -66.8% |
| CIPHER DIGITAL INC (CIFR 1.75 05/15/30) | NOTE 1.750% 5/1 · principal | 846,000 | $2.5M | Reduce -6.6% |
| BLACKLINE INC (BL 0 03/15/26) | NOTE 3/1 · principal | 2,455,000 | $2.4M | Add +25.6% |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 2,397,000 | $2.2M | Reduce -35.7% |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | 2,184,000 | $2.2M | Reduce -18.3% |
| REPLIGEN CORP (RGEN 1 12/15/28) | NOTE 1.000%12/1 · principal | 2,092,000 | $2.1M | No change |
| ALARM.COM HLDGS INC (ALRM 2.25 06/01/29) | NOTE 2.250% 6/0 · principal | 2,106,000 | $2.0M | No change |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | 1,880,000 | $2.0M | No change |
| LYFT INC (LYFT 0.625 03/01/29) | NOTE 0.625% 3/0 · principal | 1,542,000 | $2.0M | New |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | 2,060,000 | $2.0M | No change |
| AFFIRM HOLDINGS INC (AFRM 0 11/15/26) | NOTE 11/1 · principal | 2,056,000 | $2.0M | Reduce -73.1% |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 76,054 | $1.9M | Reduce -1.3% |
| BLOCK INC (XYZ 0.25 11/01/27) | NOTE 0.250%11/0 · principal | 2,120,000 | $1.9M | Add +14.6% |
| ZIFF DAVIS INC (ZD 3.625 03/01/28) | DEBT 3.625% 3/0 · principal | 1,981,000 | $1.9M | No change |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | 34,891 | $1.7M | Add +18.0% |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 1,756,000 | $1.7M | Add +16.6% |
| IMSRW HCM II Acquisition Corp. - 29 | *W EXP 99/99/999 | 283,078 | $1.7M | No change |
| FLAGSTAR BANK NA (FLG 6 11/01/51) | UNIT 05/07/2051 | 40,617 | $1.6M | Add +15.9% |
| WORLD KINECT GROUP (WKC 3.25 07/01/28) | NOTE 3.250% 7/0 · principal | 1,463,000 | $1.6M | No change |
| SIRIUS XM HOLDINGS (SIRI 3.75 03/15/28) | NOTE 3.750% 3/1 · principal | 1,500,000 | $1.6M | No change |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | 1,539,000 | $1.5M | Reduce -16.3% |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | 1,305,000 | $1.5M | New |
| SEMTECH CORP (SMTC 4 11/01/28) | NOTE 4.000%11/0 · principal | 400,000 | $1.4M | No change |
| LIVANOVA PLC (LIVN 2.5 03/15/29) | NOTE 2.500% 3/1 · principal | 1,302,000 | $1.4M | Add +365.0% |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | 29,081 | $1.4M | Reduce -24.5% |
| BURLINGTON STORES INC (BURL 1.25 12/15/27) | NOTE 1.250%12/1 · principal | 1,000,000 | $1.3M | New |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | 391,000 | $1.2M | Reduce -81.8% |
| ANI PHARMACEUTICALS INC (ANIP 2.25 09/01/29) | NOTE 2.250% 9/0 · principal | 837,000 | $1.2M | New |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 1,285,000 | $1.2M | Reduce -82.0% |
| ZIFF DAVIS INC (ZD 1.75 11/01/26) | NOTE 1.750%11/0 · principal | 1,130,000 | $1.1M | Add +17.7% |
| CVE.WS Cenovus Energy Inc. -CW26 | *W EXP 01/01/202 | 84,936 | $1.0M | No change |
| STRATEGY INC (MSTR 2.25 06/15/32) | NOTE 2.250% 6/1 · principal | 582,000 | $1.0M | No change |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | 711,000 | $1.0M | No change |
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | 225,000 | $1.0M | Reduce -50.5% |
| PURECYCLE TECHNOLOGIES (PCT 7.25 08/15/30) | NOTE 7.250% 8/1 · principal | 824,000 | $982K | No change |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | 970,000 | $962K | Reduce -23.4% |
| COLLEGIUM PHARMA INC (COLL 2.875 02/15/29) | NOTE 2.875% 2/1 · principal | 806,000 | $951K | No change |
| VEECO INSTRUMENTS INC (VECO 2.875 06/01/29) | NOTE 2.875% 6/0 · principal | 700,000 | $894K | No change |
| SUNRUN INC (RUN 0 02/01/26) | NOTE 2/0 · principal | 950,000 | $893K | No change |
| M/A-COM TECH SOLUTIONS (MTSI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 571,000 | $865K | No change |
| Q2 HOLDINGS INC (QTWO 0.125 11/15/25) | NOTE 0.125%11/1 · principal | 874,000 | $862K | No change |
| PEABODY ENERGY CORP (BTU 3.25 03/01/28) | NOTE 3.250% 3/0 · principal | 558,000 | $836K | No change |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | 823,000 | $810K | No change |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 574,000 | $790K | Add +18.6% |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 773,000 | $774K | New |
| T1 ENERGY INC | *W EXP 07/09/202 | 9,236,836 | $714K | No change |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | 820,000 | $710K | Add +272.7% |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 594,000 | $676K | Add +189.8% |
| EPR PROPERTIES (EPR 5.75 PERP C) | PFD C CV 5.75% | 26,229 | $667K | Reduce -27.8% |
| WEIBO CORP (WB 1.375 12/01/30) | NOTE 1.375%12/0 · principal | 500,000 | $645K | No change |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | 25,290 | $638K | Add +12.3% |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | 459,000 | $635K | Reduce -67.2% |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 557,000 | $618K | Reduce -67.8% |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | 682,000 | $612K | Reduce -88.4% |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | 468,000 | $610K | No change |
| JBT MAREL CORP (JBTM 0.25 05/15/26) | NOTE 0.250% 5/1 · principal | 581,000 | $585K | No change |
| ZYNGA INC (ZNGA 0 12/15/26) | NOTE 12/1 · principal | 500,000 | $547K | No change |
| IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) | NOTE 1.500% 9/0 · principal | 352,000 | $483K | No change |
| ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) | NOTE 2.500% 7/1 · principal | 351,000 | $422K | No change |
| EVENTBRITE INC (EB 5 12/01/25) | NOTE 5.000%12/0 · principal | 390,000 | $382K | No change |
| KOSMOS ENERGY LTD (KOS 3.125 03/15/30) | NOTE 3.125% 3/1 · principal | 613,000 | $377K | New |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | 352,000 | $361K | New |
| SNAP INC (SNAP 0.5 05/01/30) | NOTE 0.500% 5/0 · principal | 420,000 | $359K | Add +1.0% |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | 179,000 | $353K | Reduce -98.0% |
| BOX INC (BOX 0 01/15/26) | NOTE 1/1 · principal | 234,000 | $291K | No change |
| MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) | NOTE 4.000% 5/0 · principal | 120,000 | $288K | Add +100.0% |
| CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) | 6.75DP CNV PFD B | 3,663 | $260K | Reduce -99.5% |
| SOLARIS ENERGY INFRASTRU (SEI 4.75 05/01/30) | NOTE 4.750% 5/0 · principal | 141,000 | $252K | Reduce -90.1% |
| ETSY INC (ETSY 0.125 09/01/27) | NOTE 0.125% 9/0 · principal | 256,000 | $235K | Reduce -21.5% |
| NCL CORPORATION LTD (NCLH 2.5 02/15/27) | NOTE 2.500% 2/1 · principal | 223,000 | $232K | New |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | 244,000 | $225K | No change |
| BENTLEY SYSTEMS (BSY 0.375 07/01/27) | NOTE 0.375% 7/0 · principal | 222,000 | $209K | Reduce -89.8% |
| EPR PROPERTIES (EPR 9 PERP E) | CONV PFD 9% SR E | 6,470 | $204K | No change |
| GREENBRIER COS INC (GBX 2.875 04/15/28) | NOTE 2.875% 4/1 · principal | 188,000 | $201K | No change |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 210,000 | $201K | No change |
| SOLAR EDGE TECHNOLOGIES (SEDG 2.25 07/01/29) | NOTE 2.250% 7/0 · principal | 150,000 | $198K | New |
| LIBERTY INTERACTIVE LLC (LINTA 4 11/15/29) | DEB 4.000%11/1 · principal | 2,145,000 | $193K | Add +1379.3% |
| Q2 HOLDINGS INC (QTWO 0.75 06/01/26) | NOTE 0.750% 6/0 · principal | 178,000 | $184K | No change |
| PEBBLEBROOK HOTEL TRUST (PEB 6.375 PERP E) | 6.375 PFD SER E | 8,518 | $172K | Reduce -15.2% |
| XOMETRY INC (XMTR 1 02/01/27) | NOTE 1.000% 2/0 · principal | 140,000 | $168K | New |
| GUARDANT HEALTH INC (GH 1.25 02/15/31) | DEBT 1.250% 2/1 · principal | 120,000 | $156K | New |
| EXEEL Chesapeake Energy Corp. -CW26 | *W EXP 02/09/202 | 1,486 | $144K | Add +19.4% |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | 143,000 | $137K | Reduce -96.9% |
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | 1,727,513 | $135K | Reduce -12.2% |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 143,000 | $134K | Reduce -2.0% |
| NABORS INDUSTRIES INC (NBR 1.75 06/15/29) | NOTE 1.750% 6/1 · principal | 160,000 | $122K | No change |
| PENGUIN SOLUTIONS CAYMEN (PENG 2 08/15/30) | NOTE 2.000% 8/1 · principal | 100,000 | $119K | New |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 81,000 | $114K | Reduce -99.2% |
Largest 200 of 284 shown.
Total filed on the 13F, all lines: $1.65T.
Portfolio Sells Q2 2025 → Q3 2025
| V Visa Inc. Class A | Reduce -4.0% | 0.99% | −0.16 |
| META Meta Platforms Inc. Class A | Reduce -1.3% | 1.63% | −0.16 |
| ACN Accenture PLC Class A | Reduce -13.9% | 0.18% | −0.09 |
| COST Costco Wholesale Corp. | Reduce -1.6% | 0.53% | −0.09 |
| CRM Salesforce Inc. | Reduce -6.2% | 0.28% | −0.09 |
| AON Aon PLC Class A | Reduce -35.2% | 0.13% | −0.09 |
| MSTR Strategy Inc. | Reduce -8.5% | 0.16% | −0.08 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -20.0% | 0.19% | −0.08 |
| DIS The Walt Disney Co. | Reduce -6.8% | 0.25% | −0.06 |
| PG The Procter & Gamble Co. | Reduce -1.3% | 0.48% | −0.06 |
| BKNG Booking Holdings Inc. | Reduce -8.2% | 0.22% | −0.06 |
| SPOT Spotify Technology SA | Reduce -0.8% | 0.29% | −0.06 |
| RSP Invesco S&P 500 Equal Weight | Reduce -11.0% | 0.33% | −0.05 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.3% | 0.81% | −0.05 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -37.8% | 0.07% | −0.05 |
| MA Mastercard Inc. Class A | Reduce -1.7% | 0.55% | −0.04 |
| ICE Intercontinental Exchange Inc. | Reduce -7.8% | 0.16% | −0.04 |
| PGR Progressive Corp. | Reduce -8.9% | 0.15% | −0.04 |
| JKHY Jack Henry & Associates Inc. | Reduce -52.7% | 0.02% | −0.04 |
| ADBE Adobe Inc. | Reduce -6.6% | 0.15% | −0.04 |
| CDW CDW Corp. | Reduce -55.3% | 0.02% | −0.04 |
| FISV Fiserv Inc. | Reduce -2.0% | 0.08% | −0.04 |
| IBM Intl Business Machines Corp. | Reduce -0.6% | 0.27% | −0.04 |
| CMG Chipotle Mexican Grill Inc. | Reduce -3.9% | 0.06% | −0.04 |
| PARAA Paramount Global Class B | Sold out | 0.00% | −0.03 |
| FDS Factset Research Systems Inc. | Reduce -8.7% | 0.04% | −0.03 |
| CL Colgate-Palmolive Co. | Reduce -8.4% | 0.09% | −0.03 |
| HES Hess Corp. | Sold out | 0.00% | −0.03 |
| CB Chubb Ltd. | Reduce -17.2% | 0.09% | −0.03 |
| ZTS Zoetis Inc. | Reduce -4.3% | 0.15% | −0.03 |
| SOXX iShares Semiconductor ETF | Reduce -52.4% | 0.03% | −0.03 |
| IWM iShares Russell 2000 ETF | Reduce -13.0% | 0.27% | −0.03 |
| DE Deere & Co. | Reduce -2.6% | 0.12% | −0.03 |
| XLV SS Health Care Select Sector | Reduce -19.9% | 0.09% | −0.03 |
| TTD Trade Desk Inc./the Class A | Reduce -13.0% | 0.03% | −0.03 |
| CMCSA Comcast Corp. Class A | Reduce -5.2% | 0.09% | −0.03 |
| MMM 3M Co. | Reduce -20.6% | 0.08% | −0.03 |
| ELV Elevance Health Inc. | Reduce -11.7% | 0.05% | −0.02 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.02 |
| CME Cme Group Inc. | Reduce -5.7% | 0.15% | −0.02 |
| NKE Nike Inc. Class B | Reduce -14.3% | 0.09% | −0.02 |
| TDG Transdigm Group Inc. | Reduce -6.7% | 0.07% | −0.02 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -6.7% | 0.07% | −0.02 |
| AMGN Amgen Inc. | Reduce -1.7% | 0.27% | −0.02 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -13.1% | 0.04% | −0.02 |
| XLY SS Consumer Disc Select Sect | Reduce -32.1% | 0.05% | −0.02 |
| MNST Monster Beverage Corp. | Reduce -30.3% | 0.05% | −0.02 |
| CARR Carrier Global Corp. | Reduce -12.2% | 0.04% | −0.02 |
| KDP Keurig Dr Pepper Inc. | Reduce -8.8% | 0.04% | −0.02 |
| T AT&T Inc. | Reduce -0.1% | 0.19% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| QQQ Invesco QQQ Trust Series 1 | Add +20.6% | 0.89% | +0.16 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +10.0% | 1.64% | +0.15 |
| PBUS Invesco MSCI USA ETF | Add +717.6% | 0.11% | +0.10 |
| VOO Vanguard S&P 500 ETF | Add +9.1% | 0.94% | +0.08 |
| JNJ Johnson & Johnson | Add +2.6% | 0.54% | +0.07 |
| SNPS Synopsys Inc. | Add +139.5% | 0.13% | +0.07 |
| TSM Taiwan Semiconductor-SP ADR | Add +9.8% | 0.26% | +0.05 |
| ANET Arista Networks Inc. | Add +2.0% | 0.16% | +0.04 |
| MSCI MSCI Inc. | Add +120.0% | 0.08% | +0.04 |
| IONQ Ionq Inc. | Add +29.9% | 0.10% | +0.04 |
| MU Micron Technology Inc. | Add +7.1% | 0.16% | +0.04 |
| LRCX Lam Research Corp. | Add +4.2% | 0.16% | +0.04 |
| RBLX Roblox Corp. Class A | Add +5.7% | 0.16% | +0.04 |
| CVX Chevron Corp. | Add +9.1% | 0.34% | +0.03 |
| BMNR Bitmine Immersion Technologi | Add +35180.0% | 0.03% | +0.03 |
| GE General Electric | Add +4.6% | 0.25% | +0.03 |
| WDC Western Digital Corp. | Add +7.4% | 0.06% | +0.03 |
| CRWV Coreweave Inc. Class A | Add +483.0% | 0.03% | +0.03 |
| MDB Mongodb Inc. | Add +52.2% | 0.05% | +0.03 |
| URI United Rentals Inc. | Add +15.4% | 0.10% | +0.03 |
| GLW Corning Inc. | Add +3.8% | 0.08% | +0.03 |
| PPL PPL Corp. | Add +147.1% | 0.04% | +0.03 |
| RTX RTX Corp. | Add +2.6% | 0.30% | +0.03 |
| UNP Union Pacific Corp. | Add +22.5% | 0.17% | +0.03 |
| BX Blackstone Inc. | Add +1.8% | 0.33% | +0.02 |
| EEM iShares MSCI Emerging Market | Add +25.4% | 0.11% | +0.02 |
| ASML ASML Holding NV-NY Reg SHS | Add +13.7% | 0.11% | +0.02 |
| IWB iShares Russell 1000 ETF | Add +56.7% | 0.07% | +0.02 |
| TKO Tko Group Holdings Inc. | Add +39.0% | 0.08% | +0.02 |
| KLAC KLA Corp. | Add +12.0% | 0.11% | +0.02 |
| TJX TJX Companies Inc. | Add +1.3% | 0.24% | +0.02 |
| QQQM Invesco Nasdaq 100 ETF | Add +40.5% | 0.07% | +0.02 |
| AMD Advanced Micro Devices | Add +1.5% | 0.29% | +0.02 |
| GEV GE Vernova Inc. | Add +2.7% | 0.20% | +0.02 |
| CGDV Cap Group Dividend Value | Add +51.4% | 0.06% | +0.02 |
| EFA iShares MSCI Eafe ETF | Add +17.8% | 0.15% | +0.02 |
| SLV iShares Silver Trust | Add +26.3% | 0.06% | +0.02 |
| SAN Banco Santander SA-Spon ADR | Add +80.3% | 0.03% | +0.02 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +9.5% | 0.11% | +0.02 |
| LNG Cheniere Energy Inc. | Add +35.4% | 0.10% | +0.02 |
| JMTG Mortgage-Backed Securities | Add +1422.5% | 0.02% | +0.02 |
| PSKY Paramount Skydance Class B | New | 0.02% | +0.02 |
| SMH Vaneck Semiconductor ETF | Add +38.5% | 0.05% | +0.02 |
| CMI Cummins Inc. | Add +0.5% | 0.10% | +0.02 |
| IEMG iShares Core MSCI Emerging | Add +2.2% | 0.39% | +0.02 |
| EVTR Eaton Vance Total Return | Add +37.5% | 0.07% | +0.02 |
| MDY State Street SPDR S&P Midcap | Add +34.7% | 0.06% | +0.02 |
| WELL Welltower Inc. | Add +8.9% | 0.10% | +0.02 |
| IAU iShares Gold Trust | Add +5.7% | 0.11% | +0.01 |
| VCLT Vanguard Long-Term Corp. Bond | Add +60.8% | 0.04% | +0.01 |
Notes & Other Activity Q2 2025 → Q3 2025
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | Add +32.7% | 32,303,000 | $59.5M |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +4.1% | 48,215 | $59.5M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Add +1.6% | 37,759 | $48.3M |
| AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) | NOTE 6.500% 7/0 · principal | Sold out | 38,398,000 | $38.4Mbefore exit |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | Add +41.2% | 36,363,000 | $35.8M |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | Sold out | 679,878 | $27.0Mbefore exit |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/29) | NOTE 4.375% 6/0 · principal | Add +146.2% | 21,462,000 | $26.3M |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | Add +20.4% | 23,419,000 | $25.2M |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | Add +5.0% | 16,244,000 | $23.9M |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | Reduce -2.0% | 24,367,000 | $22.9M |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | Add +36.3% | 13,970,000 | $19.6M |
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | Add +1.1% | 14,951,000 | $19.2M |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | Reduce -5.5% | 18,757,000 | $19.0M |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | Add +69.4% | 14,830,000 | $18.6M |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | Reduce -15.0% | 12,780,000 | $17.7M |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | Reduce -3.9% | 18,876,000 | $17.4M |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | Reduce -13.9% | 12,630,000 | $16.7M |
| SNOWFLAKE INC (SNOW 0 10/01/27) | NOTE 10/0 · principal | New | 10,144,000 | $15.4M |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | Add +2.8% | 14,841,000 | $15.4M |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | Reduce -20.6% | 299,671 | $14.9M |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | Reduce -22.1% | 13,835,000 | $14.9M |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | Add +4.8% | 10,824,000 | $14.8M |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | Add +42.0% | 12,867,000 | $14.7M |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | Add +3.6% | 12,850,000 | $14.6M |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | Add +8.9% | 14,098,000 | $14.4M |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | Sold out | 11,028,000 | $14.3Mbefore exit |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | Add +4.0% | 14,525,000 | $14.3M |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | Add +5.4% | 15,509,000 | $14.2M |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | New | 13,355,000 | $13.6M |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | Reduce -14.4% | 10,877,000 | $13.5M |
| QXO INC (QXO 5.5 05/15/28 B) | 5.50 DEP PFD | Reduce -13.7% | 246,258 | $13.5M |
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | Add +6735.9% | 5,385,086 | $13.2M |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | Add +21.8% | 10,769,000 | $13.1M |
| PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) | NOTE 3.500% 3/0 · principal | Add +66.3% | 12,486,000 | $12.5M |
| JAZZ INVESTMENTS I LTD (JAZZ 3.125 09/15/30) | NOTE 3.125% 9/1 · principal | New | 10,555,000 | $12.5M |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | Add +3.1% | 10,961,000 | $12.5M |
| MKS INC (MKSI 1.25 06/01/30) | NOTE 1.250% 6/0 · principal | Add +4.9% | 11,120,000 | $12.2M |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | Add +18.4% | 227,598 | $11.9M |
| EXACT SCIENCES CORP (EXAS 0.375 03/01/28) | NOTE 0.375% 3/0 · principal | Add +4.3% | 12,491,000 | $11.5M |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | Add +16.2% | 11,628,000 | $11.5M |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | Add +28.7% | 293,327 | $11.1M |
| SPIRIT AEROSYSTEMS INC (SPR 3.25 11/01/28) | NOTE 3.250%11/0 · principal | Reduce -41.0% | 7,007,000 | $10.3M |
| FIVE9 INC (FIVN 1 03/15/29) | NOTE 1.000% 3/1 · principal | Reduce -11.1% | 11,441,000 | $10.1M |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | Reduce -6.9% | 10,686,000 | $10.1M |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | Add +47.3% | 8,855,000 | $9.8M |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | Add +0.1% | 8,900,000 | $9.7M |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | Reduce -9.9% | 8,220,000 | $9.7M |
| SNOWFLAKE INC (SNOW 0 10/01/29) | NOTE 10/0 · principal | New | 6,136,000 | $9.6M |
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | Reduce -21.6% | 9,551,000 | $9.5M |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | Reduce -37.8% | 2,909,000 | $9.3M |
Showing the first 50 of 233.
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 8,129 | $1.89T | NVDA, AAPL, MSFT, GOOGL, AMZN |
| Q1 2026 | 8,025 | $1.66T | AAPL, NVDA, MSFT, AMZN, GOOGL |
| Q4 2025Amended | 7,913 | $1.67T | AAPL, NVDA, MSFT, GOOGL, AMZN |
| Q3 2025Amended | 7,873 | $1.65T | MSFT, NVDA, AAPL, AMZN, GOOGL |
| Q2 2025 | 7,795 | $1.53T | MSFT, NVDA, AAPL, AMZN, META |
| Q1 2025 | 7,800 | $1.40T | AAPL, MSFT, NVDA, AMZN, META |
| Q4 2024Amended | 7,656 | $1.43T | AAPL, MSFT, NVDA, AMZN, GOOGL |
| Q3 2024Amended | 7,608 | $1.38T | AAPL, MSFT, NVDA, AMZN, META |
| Q2 2024Amended | 7,546 | $1.29T | MSFT, AAPL, NVDA, AMZN, GOOGL |
| Q1 2024Amended | 7,505 | $1.25T | MSFT, AAPL, NVDA, AMZN, SPY |